ADNOC announces the discovery of natural gas for the first time off the coast of Abu Dhabi

The UAE's ADNOC Oil Company announced today, Thursday, the discovery of natural gas off the coast of Abu Dhabi,

The UAE's ADNOC Oil Company announced today, Thursday, the discovery of natural gas off the coast of Abu Dhabi, the first of the offshore exploration concessions in the emirate.

The company said in a statement that the preliminary results from the first exploration well from the offshore area number 2 concession off Abu Dhabi, which is operated by the Italian company Eni, indicated the presence of between 1.5 and 2 trillion standard cubic feet of raw gas.

A consortium led by Eni and Thailand's state-run BTT Exploration and Production Company (PTTEP) obtained exploration rights in offshore Block 2 off Abu Dhabi in 2019 as part of ADNOC's first bidding round.